ORNL FCU Update Vol. 49, No. 4

67th Annual Meeting

Fourth Quarter • Vol 49 • No.4

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Candidates for Board of Directors Selected, Board Petitions Now Available

• Home Buying Seminar Page 3

• Love My Credit Union Rewards • Tapping Into Your Home’s Equity • HBAGK Parade of Homes

Published quarterly by ORNL Federal Credit Union

• Christmas Club Payout Page 4 • B.A. Chandler Scholarship Winners • Upcoming Events & Holidays

Put Your Finances Into F Focus In October, ORNL Federal Credit Union will launch a new Personal Financial Management (PFM) tool that puts personal finances into “focus.” Focus Money Manager is a powerful and engaging financial mobile app and desktop application that will make managing accounts and family budgets easy. This new tool will allow you to view all your finances in one place!

This new software will be available within Online Banking and as a standalone app on your mobile device.

We are excited to provide you with this new tool to help

Focus Money Manager will enable you to: • Manage all financial accounts (even non-ORNL FCU) in one central location • Check account balances • Automatically categorize transactions

you develop a healthy

• Create budgets

relationship with your

• View insightful reports

money!

Branch Makeovers!

The Middlebrook Pike Branch of ORNL Federal Credit Union recently went through a major renovation designed to enhance service and value to members. The branch, located inside the Food City at 9565 Middlebrook Pike, re-opened in its new location within the store on Monday, August 25th.

The renovated Middlebrook Pike Branch promotes shoulder-to-shoulder service through its open floor concept. There are now two private offices for members to work directly with branch staff on their deposit and loan service needs. New enhancements to the branch also include: interior design, teller pods, an interactive digital display, and more!

In addition to the Middlebrook Pike Branch, three other Food City in-store ORNL FCU branches will be remodeled by mid-November (Clinton, Lenoir City, and Maynardville). We can’t wait for you to see our new in-store branch look and invite you to come by any branch for an unforgettable member experience!

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67th Annual Meeting Candidates for Board of Directors Selected, Board Petitions Now Available

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n Thursday, March 5, 2015, ORNL Federal Credit Union will hold the Annual Meeting of the Membership at 6:00 p.m. All members are invited to attend. Reports from the Board of Directors’ Chair and Treasurer will be shared with members along with the names of the appointed Board Directors.

There are three positions on the Board of Directors to be filled in 2015, all of which are for a three-year term. The members of this year’s Nominating Committee, Sam McKenzie (Chair), Herb Debban, and Joe Setaro, have submitted the names of three members as candidates for the three available positions on the Board of Directors. The nominees are Leigha Edwards, Randy Gorman, and Jama Hill. Biographical information for each nominee is included below in alphabetical order.

Petitions and Petition Applications will be

available beginning Wednesday, October 1, 2014, for persons interested in running for one of the three ORNL Federal Credit Union open Board seats. Each nominee by Petition will need to fill out and submit a Petition Application to serve on the Board of Directors.

Petitions and Petition Applications are available by contacting Jen Didyk at 865.425.2700 or jdidyk@ornlfcu.com. Please note that no nominations from the floor will be accepted during the Annual Meeting.

Persons using a Petition to run for a seat will be required to obtain 500 signatures of ORNL FCU members age 18 or older. A signed certificate stating that he or she is agreeable to nomination and will serve if elected to office must accompany each Petition Application.

Petitions and Petition Applications will need to be returned to the Secretary of the Board no later

Nominees Selected by the Nominating Committee

than Wednesday, November 5, 2014, and can be mailed to ORNL Federal Credit Union, Attn.

Secretary of the Board, P.O. Box 365, Oak Ridge, TN 37831-0365.

Once all Petitions and Petition Applications have been received and validated, members will be notified in writing of all Nominating Committee and Petition candidates who are interested in running for the three available positions on the Board of Directors. If no Petitions are received, an election will not be conducted because the number of Nominees and the number of Board positions to be filled are equal.

If there are more than three candidates and an election is to be held, the voting period will be held February 18 – February 27, 2015. The three candidates with the most votes will fill the three-year term positions and will be announced at the Annual Meeting.

*Incumbent Director, nominated to fill a three-year term

Leigha Edwards* Ms. Leigha Edwards is currently Protocol & Community Relations Manager for UT-Battelle, LLC for Oak Ridge National Laboratory. She has been affiliated with ORNL Federal Credit Union for 19 years; first as a member and employee, then later as a Director. She joined the Board in 2006, and has served on the Legislative & Governmental Affairs and the Volunteer Governance & Policy committees. Ms. Edwards received her Bachelor of Arts degree in English from the University of Tennessee, Knoxville, and is a CUNA Southeast Regional Credit Union School of Management certificate holder. She has served on the boards of the East Tennessee Economic Council, the Oak Ridge Chamber of Commerce, and the American Museum of Science and Energy Foundation. Ms. Edwards notes that she “look[s] forward to the opportunity to continue working to make ORNL FCU the best credit union it can be for our members.”

Randy Gorman* Manager of Program Systems Support at UT Battelle, LLC for Oak Ridge National Laboratory, Mr. Randy Gorman has been a member of ORNL Federal Credit Union for 31 years. He served for six years on the Supervisory Committee prior to becoming a Board Member. Mr. Gorman joined the Board of Directors in 2006 and was appointed Vice Chair of the Board in 2014. He has also served on the Legislative & Governmental Affairs, Volunteer Policy & Governance, and Nominating committees. For the past four years, Mr. Gorman has been a Governor of the Credit Union’s Service Organization: CU Community, LLC. A University of Tennessee, Knoxville graduate, Mr. Gorman holds a Bachelor of Science in Business. He believes his background in computer security especially relevant, and would like to continue as a Director to “ensure that the member’s best interest is taken into account with every decision that is made and to continue to support the credit union movement.”

Jama Hill* US ITER Business Manager Ms. Jama Hill is an employee of UT Battelle, LLC for Oak Ridge National Laboratory. She has been a member of ORNL Federal Credit Union for 37 years, and began serving as a volunteer on the Supervisory Committee in 2002. Ms. Hill was elected to the Board of Directors in 2003 where she has served on the Retirement Plans & Investments, Volunteer Policy & Governance, and Asset Liability & Investment committees. She has held the officer position of Board Treasurer since 2012. A graduate of Tennessee Technological University, Ms. Hill earned a Bachelor of Science degree in Accounting, and has over 37 years of experience in budgeting, accounting, and managing multi-billion dollar projects. She believes her financial background and prior Board experience to be beneficial to her work as a Director, and would like to use this experience “to serve the Credit Union.”

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LOVE MY CREDIT UNION REWARDS

Home Buying Seminar

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f you’re in the market for a new home, make plans to join us for our Home Buyer’s Seminar on Thursday, October 23rd from 6:00 to 7:30 p.m. at our Lenoir City Branch, located at 895 Highway 321 North. Seminar attendees will hear from mortgage professionals on topics such as budgeting, mortgage loan product options, working with a realtor, and what to expect during the loan process.

The Home Buying Seminar is free and open to the public, but space is limited. To reserve your seat or for more information, please visit ornlfcu.com/rsvp or call Jason Denton at 865.813.2389.

At ORNL Federal Credit Union, we’re always looking for ways to help you save more of your hard-earned money! Through our partnership with Love My Credit Union Rewards, we are able to offer exclusive discounts and benefits at companies such as GM, Sprint, and Turbo Tax. As a member of the credit union family, you can find out more about the exclusive discounts and benefits available to you by visiting lovemycreditunion.org today!

Tap Into Your Home’s Equity HBAGK Parade of Homes

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RNL Federal Credit Union is excited to announce an updated Home Equity Line of Credit (HELOC) product for homeowners!

Homeowners will find many benefits to the enhanced HELOC product, including great rates and terms, plus easier access to funds.

HELOC Features:* • Loan amounts up to $250,000!

• Great rates!

• Flexible payment options during draw period!

• Terms to fit your needs!

• Potential tax benefits!

• Multiple ways to access funds!

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RNL Federal Credit Union is committed to supporting the home buying and building industry, and through our partnership with the Homebuilder’s Association of Greater Knoxville (HBAGK), we are excited to sponsor the 2014 Multiple-Site Parade of Homes. The event takes place over three weekends between the hours of 12pm and 5pm: October 3rd–5th; October 10th–12th; and October 17th–19th.

The 2014 Multiple-Site Parade of Homes is a tour of over 40 new homes in Knox, Anderson, Blount, Loudon, and Union counties.

With homes in a variety of locations and price ranges, the Parade is the perfect source for anyone planning to buy a new home or for seeing the newest trends in the homebuilding industry.

The Parade of Homes is free and open to the public. Parade maps and homes are included in the Parade of Homes magazine available at all ORNL FCU

branches. For additional information, visit www.theparadeofhomesknoxville.com.

The Parade of Homes also has a mobile app available for both iPhone and Android.

The My Home Found app lists all the houses and their addresses, along with specific details about each home, such as square footage, selling price, and number of bedrooms/ bathrooms. This handy app even lets you mark your favorites and offers a buyer’s guide for local retailers.

With home equity on the rise, there’s no better time than now to make your money work for you. Whether you need financing for home improvement projects, school expenses, debt consolidation, or even a much needed vacation, ORNL FCU wants to deliver solutions for your needs. For more information on the ORNL FCU HELOC product, call 800.676.5328 or 865.560.7477. *All information current as of 9/24/14. A home equity line of credit is secured by a first or second mortgage lien on a primary residence. Monthly payments calculated on accessed funds. Consult your tax advisor for any potential tax benefits. Actual loan terms may vary based on credit rating and collateral value. Restrictions may apply. Programs, rates, terms, and conditions are subject to change without notice. NMLS#471708.

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Christmas Club Payout

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ust in time for holiday gift shopping, members who have been making regular deposits into their ORNL Federal Credit Union Christmas Club account throughout the year will see the payout transfer on October 31st! Funds will be deposited into the share designated upon opening of the club account. Any and all funds in a Christmas Club Account will be transferred and deposits made after October 31st will go towards next year’s payout. If you have questions about the Christmas Club account or payout, please visit any branch or call 800.676.5328.

ORNL Federal Credit Union wishes all members a happy and healthy holiday season.

B.A. Candler Scholarship Winners

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ach year, ORNL Federal Credit Union, through the University of Tennessee general scholarship fund, awards a $1,000 scholarship to a deserving student/member with excellence in education and social merit. The B.A. Candler Scholarship was established in 1993 to honor Bob A. Candler, who retired as the Credit Union’s president after 31 years of service.

The scholarship endowment was able to award two $1,000 scholarships to the University of Tennessee for the 2014–2015 school year.

Congratulations to Catherine Arwood and Montana Zwakenberg for being

recipients of the scholarship awards. Catherine is a senior at the University of Tennessee within the College of Social Work. Montana graduated from Sevier County High School in May of 2013 and plans to study Wildlife and Fisheries Management and also Forestry.

The students were selected by the UT General Scholarship Committee and will be attending the University of Tennessee in the fall, where they may use their scholarship award towards books, tuition, or any other school-related expense. The next application deadline is March 1, 2015.

Upcoming Events & Holidays

Saturday November 8

Shred Day 9am–12pm

Bearden Branch • (5505 Kingston Pike) North Knoxville Branch • (808 Victor Drive)

October 3–5

HBAGK Parade of Homes

See page 3 for details

Tuesday November 11

Veterans Day

All offices closed

October 10–12

HBAGK Parade of Homes

See page 3 for details

Thursday November 27

Thanksgiving Day

All offices closed

Monday October 13

Columbus Day

All offices closed

Wednesday December 24

Christmas Eve

All offices closed

October 17–19

HBAGK Parade of Home

See page 3 for details

Thursday December 25

Christmas

All offices closed

Thursday October 23

Home Buyer’s Seminar

Lenoir City Branch (865 Highway 321 North)

Thursday January 1

New Year’s Day

All offices closed

See page 3 for details

Anderson County Clinton 1117 N. Charles Seivers Blvd.

Directors

*All locations except Madisonville, Morristown, and LaFollette

Online Banking https://www.ornlfcu.com UPDATE is published quarterly by ORNL Federal Credit Union as an information service to its members.

Questions, comments, and suggestions should be sent to: ORNL Federal Credit Union UPDATE, P.O. Box 365, Oak Ridge, TN 37831.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government

Supervisory Committee David Watkins, Chair Joel Pearman, Vice Chair Gerald Smith, Secretary Mary Beth Blair Mary Kiser

President Chris Johnson

National Credit Union Administration, a U.S. Government Agency

Clinton Food City 507 S. Charles Seivers Blvd.

Oak Ridge Main Office 221 S. Rutgers Avenue Oak Ridge Walmart 373 S. Illinois Avenue

Locations

Or Toll-Free: 800.676.5328

Officials

Telephone: 865.688.9555*

Marcy Catron, Chair Randy Gorman, Vice Chair Jama Hill, Treasurer Wanda McCrosky, Secretary Leigha Edwards Harvey Gray Sam McKenzie James Payne Debbie Stairs

Knox County Bearden 5505 Kingston Pike East Knoxville 3634 East Magnolia Farragut 11405 Municipal Center Drive Farragut Kroger 189 Brooklawn Street Fountain City 5208 N. Broadway

Morrell Road Food City 284 Morrell Road North Knoxville 808 Victor Drive Northshore Kroger 9501 Northshore Drive Powell Kroger 6702 Clinton Highway South Knoxville 7325 Chapman Highway West Knoxville 8721 Kingston Pike

Roane County Kingston 1204 N. Kentucky Street Oak Ridge National Lab P.O. Box 365 Rockwood Walmart 1102 N. Gateway Avenue

Loudon County

Karns 7228 Oak Ridge Highway

Lenoir City 895 Highway 321 North

Halls 4510 Emory Road

Lenoir City Food City 1900 Highway 321

Middlebrook Food City 9565 Middlebrook Pike

Loudon 2859 Highway 72

Millertown Pike 5409 Millertown Pike

Campbell County LaFollette 2229 Jacksboro Pike

Blount County Alcoa 103 Hamilton Crossing Drive Maryville Walmart 2410 U.S. Hwy. 411 South

Monroe County Madisonville 4201 Hwy. 411

Hamblen County Morristown 1730 W. Andrew Johnson Hwy.

Sevier County Sevierville 699 Parkway #5

Union County Maynardville Food City Union Square Shopping Center, Hwy. 33